US inflation worsened last month as the cost of groceries and gasoline head higher
WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a disappointment for families and businesses struggling with higher costs and likely ...
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump's calls for lower interest rates won't lead the ...
Powell To Congress: Fed 'Not There Yet' On Inflation, CPI 'Above Every Forecast,' US Debt Path 'Unsustainable'
Federal Reserve Chair Jerome Powell reiterated a firm stance on the central bank's monetary policy path on Wednesday, ...
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January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
Trump wants interest rate cuts. The market isn't buying it.
Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.
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LIVE: Federal Reserve Chair Jerome Powell to testify before House Committee on Monetary Policy Report
The House Financial Services Committee will hold a hearing Wednesday morning on “The Federal Reserve’s Semi-Annual Monetary Policy Report.” ...
Powell backs change in bank-capital rules to boost liquidity in Treasury market
Federal Reserve Chairman Jerome Powell said Wednesday he supports a change to bank capital rules that has been on the industry's wish list At the moment, the Fed's "supplementary leverage ratio" ...
'Stagflation' could be a disaster for your 401(k)
Inflation just won't die. Forget today's headline 3% figure: That's already out of date. According to the consumer-price report published Wednesday, prices last month rose at an annualized rate of ...